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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Contract with Customer, Asset and Liability [Table Text Block]
Contract Assets
The following table presents a reconciliation of our contract assets:
Three Months EndedSix Months Ended
June 30,June 30,
2024202320242023
(Thousands)
Balance at beginning of period$17,882 $13,554 $16,806 $12,490 
Revenue recognized in excess of amounts invoiced1,076 1,076 2,152 2,140 
Balance at end of period$18,958 $14,630 $18,958 $14,630 
Contract Liabilities
The following table presents a reconciliation of our contract liabilities:
Three Months EndedSix Months Ended
June 30,June 30,
2024202320242023
(Thousands)
Balance at beginning of period$1,175 $2,353 $1,468 $2,643 
Recognized in revenue(293)(293)(586)(583)
Balance at end of period$882 $2,060 $882 $2,060 
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]
The following table presents the amount of the contract liabilities balance expected to be recognized as revenue when performance obligations are satisfied and the transaction price allocated to the remaining performance obligations under certain contracts as of June 30, 2024.
Contract LiabilitiesRemaining Performance Obligations
(Thousands)
2024 (six months)
$592 $192,530 
2025 (one year)
290 384,766 
2026 (one year)
— 363,957 
2027 (one year)
— 353,204 
2028 (one year)
— 346,683 
Thereafter
— 2,253,106 
Total
$882 $3,894,246